Irrigation Department Tender

The class eligibility requirement to bid or participate in this tender is that the applicant should be registered as a Contractor of category------ or above, however the specific category is not mentioned.

The bid capacity required in the given tender can be calculated using the formula: Bid capacity = 2AN - B. Where: A = Maximum Value of Civil Engineering works executed in any one year during the last Five years ending 31st March of the previous financial year 2024 (updated by giving 8% simple weightage per year to bring them to Current Financial Year price level) N = Number of years prescribed for completion of the works for which tenders are invited (period up to 6 months to be taken as half-year and more than 6 months as one year) B = Value of existing commitments i.e. agreemented works with agreement number & year and ongoing works with agreement number & year to be completed during the period of completion of the project for which tenders are invited. The bid capacity should be greater than the Estimated Value of the work. Alternatively, another formula is mentioned as: Bid Capacity = (A + B) / 2 Where: A = Average annual turnover of the bidder for the last three years, and B = Value of existing commitments i.e. agreed works with agreement number & year and ongoing works with agreement number & year to be completed during the period of completion of the project for which tenders are invited.